Carr’s Group (LON:CARR) Earns House Stock Rating from Shore Capital

Carr’s Group (LON:CARR)‘s stock had its “house stock” rating restated by equities research analysts at Shore Capital in a research report issued on Thursday,London Stock Exchange reports.

Carr’s Group Trading Up 11.0 %

Shares of LON CARR traded up GBX 12.64 ($0.15) during midday trading on Thursday, reaching GBX 127.39 ($1.56). 4,143,448 shares of the stock were exchanged, compared to its average volume of 398,184. The business has a 50-day simple moving average of GBX 117.22 and a two-hundred day simple moving average of GBX 125.63. The company has a market capitalization of £120.30 million, a price-to-earnings ratio of -12,739.10 and a beta of 0.81. Carr’s Group has a 12 month low of GBX 101.50 ($1.24) and a 12 month high of GBX 150 ($1.84). The company has a debt-to-equity ratio of 18.73, a current ratio of 2.39 and a quick ratio of 1.04.

About Carr’s Group

Carr’s is an international leader in manufacturing value added products and solutions, with market leading brands and robust market positions in Agriculture and Engineering, supplying customers around the world. Carr’s operates a business model that empowers operating subsidiaries, enabling them to be competitive, agile, and effective in their individual markets whilst setting overall standards and goals.